ARTICLE V. ADMINISTRATION.
   Section 5.1 Village to Operate Under Mayor-Council Plan. The Village of Chimney Rock operates under the Mayor-Council plan as provided in Part 3 of Article 7 of Chapter 160A of the General Statutes.
      Section. 2. Until the organizational meeting of the Village Council of Chimney Rock following the 1991 municipal election, Barbara Meliski, Mike Keys, Steve Gale, Randy Griffin, and Mark Piper shall serve as members of the Village Council. Mark Piper is authorized to call the first meeting of the interim governing body. The interim governing body shall, at its first meeting, elect from among its members a chairman who shall have the powers of a mayor provided by general law.
      Section. 3. From and after the effective date of this act, the citizens and property in Chimney Rock Village shall be subject to municipal taxes levied for the year beginning July 1, 1991, and for that purpose the Village shall obtain from Rutherford County a record of property in the area herein incorporated which was listed for taxes as of January 1, 1991. The Village may adopt a budget ordinance for fiscal year 1991-92 without following the timetable in the Local Government Budget and Fiscal Control Act, but shall follow the sequence of actions in the spirit of the act insofar as is practical. For fiscal year 1991-92, ad valorem taxes may be paid at par or face amount within 90 days of adoption of the budget ordinance, and thereafter in accordance with the schedule in G.S. § 105-360 as if the taxes had been due and payable on September 1, 1991.
      Section. 4. This act is effective upon ratification.
In the General Assembly read three times and ratified this the 28th day of June, 1991.